INTERNATIONAL MONETARY POLICY
- Course
- BUSN640 - INTERNATIONAL MONETARY POLICY
- Department
- Business Administration - English - PhD
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 0
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
- Keywords
- -
Course Description
-
INTERNATIONAL MONETARY POLICY
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
- 01 Understsanding the link between globalization and international financial flows
- 02 Understanding the impact of globalization on the conduct of monetary policy by individual countries
- 03 Understanding the issues concerning the transmission of internal monetary shocks to othe countriesocks shocks
- 04 Understanding the necessity for international cooperation in the determination and conduct of monetary policy
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Money types and definitions |
| Week 2 | The banking systemd and money creation |
| Week 3 | Determination ofthe interest rate |
| Week 4 | Reserve currencies |
| Week 5 | Flexible excchange rates |
| Week 6 | International monetary flows |
| Week 7 | Mid term exams |
| Week 8 | Globalization and Monetary Policy |
| Week 9 | Transmission of Domestic Shocks in Open Economies |
| Week 10 | International Transmission and Monetary Policy Cooperation |
| Week 11 | Curent Account Dynamics and Monetary Policy |
| Week 12 | Optimal Monetary Policy |
| Week 13 | Monetary Policy: US versus Europe |
| Week 14 | Globalizationand Inflation Dynamics |
| Week 15 | Final exam wek |
Reference Books & Course Materials
- 01 Gali, Jordi and Gertler, Mark: International Dimensions of monetary Policy. NBER 2010 ISBN:978 022 627 8872
Learning Outcomes
- L01 Understsanding the link between globalization and international financial flows
- L02 Understanding the impact of globalization on the conduct of monetary policy by individual countries
- L03 Understanding the issues concerning the transmission of internal monetary shocks to othe countriesocks shocks
- L04 Understanding the necessity for international cooperation in the determination and conduct of monetary policy
Program Outcomes
- P01 PO1 Become competent in searching and comprehending the relevant academic articles, interpreting the information learnt or obtained via various channels and absorbing exceptional knowledge in their field.
- P02 PO2 Devoted themselves to be a qualified researcher and knowledge worker in their field all throughout their life and career.
- P03 PO3 Demonstrated that they developed their individual capabilities through written projects, assignments and presentations that they will independently implement both in academia and work contexts.
- P04 PO4 Gained key practical skills and knowledge which need to be implemented in their own research and business work environment.
- P05 PO5 Been able to implement critical and analytical thinking and analyses into their studies, research and work.
- P06 PO6 Become proficient in adopting the gained knowledge into practice and research in a critical, and analytical way.
- P07 PO7 Become experts in using information technology tools for their studies, research and workplace in an ethical and safely environment by sharing and transferring their knowledge.
- P08 PO8 Succeeded in working, researching and forming partnerships with their colleagues/team members in a global environment.
- P09 PO9 Proved themselves capable of disseminating and sharing knowledge, sustainingly communicating with others, in any global workplace or research setting.
- P10 PO10 Become capable of interpreting and transferring their qualified knowledge into practice and research.
- P11 PO11 Dedicated themselves to applying advanced academic studies and enrolled themselves in work or non-work projects related to environmental approaches and ethical issues.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | P10 | P11 | Average |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - | - | - |
| L03 | - | - | - | - | - | - | - | - | - | - | - | - |
| L04 | - | - | - | - | - | - | - | - | - | - | - | - |